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Gold prices rose further by Rs. 80 to Rs. 29,480 per 10 grams in the national capital today on sustained buying by stockists and retailers.

 

Silver also recovered by Rs. 150 to Rs. 43,630 per kg on emergence of buying by industrial units and coin makers.

 

Traders said fresh buying by stockists and retailers mainly led to rise in precious metal prices.

 

On the domestic front, gold of 99.9 and 99.5 per cent purity rose further by Rs. 80 each to Rs. 29,480 and Rs. 29,280 per 10 grams, respectively. It had climbed by Rs. 165 on Saturday's trade.

 

Sovereigns, however, lacked necessary buying support and lost Rs. 100 at Rs. 24,800 per piece of eight grams.

 

Silver ready recovered by Rs. 150 to Rs. 43,630 per kg while weekly-based delivery shed Rs. 40 at Rs. 42,930 per kg. The white metal had lost Rs. 450 in last two trades.

 

On the other hand, silver coins remained steady at Rs. 81,000 for buying and Rs. 82,000 for selling of 100 pieces.

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